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Nov 18, 2012
11/12
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but don't start with nancy pelosi making demands for raising tax rates. let's work through all the issues. i agree, what's at stake is dramatic, it's the economy of the american people. >> eric: quickly, do you think we will have a deal by the end of year? >> i am getting more dubious. but i hope so. >> eric: margie, how about you? >> viheard some republicans sound like they want to come to the table. not everyone. not matt, with all due respect. but i do think that we -- i feel more optimistic when i am watching the postr post poll. >> eric: we have $16 trillion in debt. it's just only getting bigger. thargs for joining us. >> thank you. >> eric: jamie? >> jamie: the fiscal cliff. how does it affect you, your kid, your family and college tuition rates? a lot. we are going to tell what you you need to know and how you can protect yourself. that's next in the take-charge consumer protection segment. >> eric: violence continues to escalate between israel and homas. 24 hours to go. what is the role of the united states of america? the president has been spea
but don't start with nancy pelosi making demands for raising tax rates. let's work through all the issues. i agree, what's at stake is dramatic, it's the economy of the american people. >> eric: quickly, do you think we will have a deal by the end of year? >> i am getting more dubious. but i hope so. >> eric: margie, how about you? >> viheard some republicans sound like they want to come to the table. not everyone. not matt, with all due respect. but i do think that we...
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Nov 18, 2012
11/12
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but nancy pelosi says it must include tax hikes for the wealthy. we have the latest. >> reporter: shannon, the house minority leader, nancy pelosi, sits at the negotiates ing table with the leaders, trying to steer the country away from the fiscal cliff. she says he will not accept a deal that does not include tax rate increases for the wealthiest americans. but she also said she thinks negotiators have enough of a sense of urgenc tow get a deal done by the middle of december. >> we are all grownups. we have a responsibility to the american people. the elements for an agreement are there. time is of the essence, the quicker we do tthe more confidence we instill, the better it is for the economy and the american people. >> reporter: republicans, too, have expressed optimism that the fiscal cliff can be avoided and are open to signing legislation that includes new sources of revenue. but the president wants to raise most of that new money with $1.6 trillion over a decade. republicans are not likely to go along with that. this is why. >> there certain
but nancy pelosi says it must include tax hikes for the wealthy. we have the latest. >> reporter: shannon, the house minority leader, nancy pelosi, sits at the negotiates ing table with the leaders, trying to steer the country away from the fiscal cliff. she says he will not accept a deal that does not include tax rate increases for the wealthiest americans. but she also said she thinks negotiators have enough of a sense of urgenc tow get a deal done by the middle of december. >> we...
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Nov 18, 2012
11/12
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did nancy pelosi just draw a red line? today she's saying she won't sign off on any deal that does not increase taxes on the rich. >>> and president obama is dealing with all of this while in the midst of his trip through asia, including israel and gaza on the brink of war. >> we're going to have to see what kind of progress we can make in the next 24-36-48 hours. if we're serious about wantsing to resolve this situation and a create a genuine peace process it starts with no more missiles being fired into israel's territory. >> first off, we're in a developing story in the middle east. let's go now to stephanie gosk, who is in tel aviv with the latest. what's the tone on ground today? >> well you hear the president say that as long as rockets were dropping, it was going to be impossible to get a cease-fire here. and the rockets definitely keep on coming. and there have been attacks back and forth. a couple of volleys of rockets that came toward tel aviv. intercepted by the israeli missile defense system, iron dome, which e
did nancy pelosi just draw a red line? today she's saying she won't sign off on any deal that does not increase taxes on the rich. >>> and president obama is dealing with all of this while in the midst of his trip through asia, including israel and gaza on the brink of war. >> we're going to have to see what kind of progress we can make in the next 24-36-48 hours. if we're serious about wantsing to resolve this situation and a create a genuine peace process it starts with no more...
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Nov 18, 2012
11/12
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we have new comments from nancy pelosi on the fiscal cliff today. let's listen to that. >> would you accept a deal that does not include tax rate increases for the wealthy. we have seen a possible compromise that would leave rates the same but cap deductions for top earners? >> no. the president made it clear there are not enough -- what you described is a formula and a blueprint for hampering our future. >> what do you think? does this mean a deal will not get done? >> i think there is desire on both sides to get a deal done. that doesn't mean we will see one. both sides are taken the election to mean that the american people want action. the president has taken it to mean the american people endorsed his so-called balanced approach to balancing the budget. and we saw spirited koopg with the leaders coming out after the meetening a now they mr. get down to the details where to make cuts and revenue increases and can do you do it by just closing loopholes, is that enough or do you have to talk about tax rates in particular think tax rating for the w
we have new comments from nancy pelosi on the fiscal cliff today. let's listen to that. >> would you accept a deal that does not include tax rate increases for the wealthy. we have seen a possible compromise that would leave rates the same but cap deductions for top earners? >> no. the president made it clear there are not enough -- what you described is a formula and a blueprint for hampering our future. >> what do you think? does this mean a deal will not get done? >>...